How to Purchase MultiversX (EGLD) using Aave (AAVE)

To buy MultiversX using Aave, first, find a cryptocurrency exchange that supports the EGLD/AAVE trading pair. Create an account, verify your identity, and deposit your AAVE into your exchange wallet. Locate the EGLD/AAVE pair on the trading platform and place an order to exchange your Aave for MultiversX. If the EGLD/AAVE pair is unavailable, you can first exchange Aave for a stablecoin like Tether (USDT) or a fiat currency, then trade that for MultiversX. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.